Hi Folks,
In today's market, buyers still have the majority of the power. The best scenario for anyone looking to move currently is to move up. When you sell your current home to buy a larger or more expensive home, you maximize the potential to save BIG! For instance, say you sell your current home for $120,000 to purchase a home in the $220,000 range. If the market is down overall 10% from previous years, this means you would make around $12,000 LESS on the sale of your current home than in a better (seller's) market, however, you would SPEND $22,000 LESS on the new home purchased. Plus, rates are back at all time LOWS after the recent FED announcement. Food for thought...
Don't forget to leave a comment or message me with questions!
Derek King
940-641-0763
www.TheRemaxKing.com
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